The IASB extends by one year, the application period of the practical expedient in IFRS 16 Leases to help lessees accounting for covid-19-related rent concessions.…
The FASB issues alternative to goodwill triggering event assessment in an Accounting Standards Update (ASU) that provides an accounting alternative expected to reduce the complexity for private…
The IASB has issued narrow-scope amendments to IFRS Standards that improves accounting policy disclosures and clarifies distinction between accounting policies and accounting estimates. The amendments…
The FASB has issued Accounting Standards Update (ASU) No. 2021-02, Franchisors—Revenue from Contracts with Customers (Subtopic 952-606): Practical Expedient, that provides a practical expedient that…
The FASB proposes alternative to the goodwill triggering event assessment in a proposed Accounting Standards Update (ASU). This proposed ASU intends to reduce the complexity…
The FASB proposes improvements in a proposed Accounting Standards Update (ASU) intended to address inconsistency and diversity in practice related to the accounting for revenue…
The IASB proposes amendments to IFRS 16 Leases by specifying how a company measures the lease liability in a sale and leaseback transaction. Sale and leaseback transactions…
The FASB issues an Accounting Standards Update (ASU) that delays and eases early adoption provisions for long-duration insurance guidance to help insurance companies adversely affected…
The FASB issues proposal clarifying the scope of reference rate reform guidance today. Stakeholders interested are to provide input on the proposed ASU by November…